“Oligarchy taking shape in America,” says President Joe Biden in farewell address

President Joe Biden’s farewell address warns of the dangers posed by the concentration of power among the ultra-wealthy, describing it as an emerging oligarchy. He also highlights the threats of misinformation and a declining free press, while reflecting on his administration’s achievements and stressing the need to guard democratic institutions.

Hindenburg Research, a US investment research firm known for shortselling, and whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down